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Spatial dependence in commercial property prices: micro evidence from the Netherlands

Özyurt, Selin - 2014

Following a hedonic framework, this paper constructs various transaction-based commercial property price indicators for the Netherlands. Using quarterly data from the Investment Property Databank (IPD), the analysis covers a total of 10,000 listed properties over the period 2001-2011. The study...

Persistent link: https://www.econbiz.de/10011605672

Does product market competition reduce inflation? Evidence from EU countries and sectors

Przybyla, Marcin; Roma, Moreno - 2005

In this paper we explore the link between the intensity of product market competition and inflation rates across EU … over time and as alternative proxies of competition we use the level of mark-up, profit margin, the profit rate and a … survey based “intensity of competition” variable. Results for both aggregate and sectoral panels show that the extent of …

Persistent link: https://www.econbiz.de/10011604499

Financial integration and entrepreneurial activity: evidence from foreign bank entry in emerging markets

Giannetti, Mariassunta; Ongena, Steven - 2005

An extensive empirical literature has documented the positive growth effects of equity market liberalization. However, this line of research ignores the impact of financial integration on a category of firms crucial for economic development, i.e. the small entrepreneurial firms. This paper aims...

Persistent link: https://www.econbiz.de/10011604544

Micro-Based Evidence of EU Competitiveness : The CompNet Database

Lopez-Garcia, Paloma - 2014

Drawing from confidential firm-level balance sheets in 11 European countries, the paper presents a novel sectoral database of comparable productivity indicators built by members of the Competitiveness Research Network (CompNet) using a newly developed research infrastructure. Beyond aggregate...

Persistent link: https://www.econbiz.de/10013060041

It's not time to make a change: Sovereign fragility and the corporate credit risk

Fornari, Fabio; Zaghini, Andrea - 2022

Relying on a perspective borrowed from monetary policy announcements and introducing an econometric twist in the traditional event study analysis, we document the existence of an "event risk transfer", namely a significant credit risk transmission from the sovereign to the corporate sector after...

Persistent link: https://www.econbiz.de/10014278305

Accuracy and determinants of self-assessed euro area house prices

Le Roux, Julien; Roma, Moreno - 2019

Using microdata from the second wave of the Household Finance and Consumption Survey, we investigate the accuracy of property values estimated by homeowners - so called "self-assessed" house prices - and explore the drivers of possible deviations of these prices from official hedonic house price...

Persistent link: https://www.econbiz.de/10012142172

Wealth effect on consumption during the sovereign debt crisis: Households heterogeneity in the euro area

Garbinti, Bertrand; Lamarche, Pierre; Lecanu, Charlélie; … - 2020

This paper studies the heterogeneity of the marginal propensity to consume out of wealth (MPC) both across and within countries. We estimate the MPC based on a cross-country harmonized household level dataset which combines surveys on wealth, income and consumption. We use panel regressions and...

Persistent link: https://www.econbiz.de/10012389560

Rent indices for housing in West Germany 1985 to 1998

Hoffmann, Johannes; Kurz, Claudia - 2002

indices often fail. We apply hedonic methods to rental housing services, which display less quality progress. However, as …

Persistent link: https://www.econbiz.de/10011604162

Analysing and combining multiple credit assessments of financial institutions

Tabakis, Evangelos; Vinci, Anna - 2002

The last consultative papers of the Basel Committee on Banking Supervision set the path for a future where a wealth of credit assessment sources may be available. New external credit assessment institutions and internal ratings-based assessments will be added to ratings of major international...

Persistent link: https://www.econbiz.de/10011604169

How persistent is disaggregate inflation? An analysis across EU 15 countries and HICP sub-indices

Lünnemann, Patrick; Mathä, Thomas Y. - 2004

This paper analyses the degree of inflation persistence in the EU15, the euro area and each of its member states using disaggregate price indices from the Harmonised Index of Consumer Prices. Our results reveal substantial heterogeneity across countries and indices. The overall results, based on...

Persistent link: https://www.econbiz.de/10011604461